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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

iPath Bloomberg Lead Subindex Total Return ETN due Jun (GIF:LD)

Long-Term Downtrend (-90) - LD is in a strong downtrend that is likely to continue. While LD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid LD?

MarketClub looks at technical strength and momentum to determine if the timing is right for LD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_LD
Open High Low LD Price Change
36.200 36.356 36.056 36.194 +0.242
Entry Signal

MarketClub’s Trade Triangles for LD

long term down The long-term trend has been DOWN since Oct 1st, 2020 at 36.631

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2020 at 39.837

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 36.674

Smart Scan Analysis for LD

Based on our trend formula, LD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.200 36.356 36.056 36.194 +0.242
Prev. Close Volume Bid Ask Time
39.665 0 2020-10-19 10:59:23
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